Chicago Tribune Column: Rents rise, supply drops — Chicago’s affordable housing woes mount
DePaul University’s Institute for Housing Studies is out with a new report that shows that a loss of affordable rental units is a growing challenge throughout the city. Blaire Kamin, columnist for the Chicago Tribune, weighs in on what the report and the complexities facing city’s mayor-elect Lori Lightfoot.
Along Milwaukee Avenue around Logan Square, the change is easy to spot: Taquerias and two-flats are giving way to sleek apartment high-rises, ramen bars and boulangeries that serve the urban gentry.
Unease over gentrification, which has driven up rents and driven out longtime working-class residents, helped mayor-elect Lori Lightfoot win a landslide victory this month.
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